Core Viewpoint - Carriage Services, Inc. reported strong financial performance for the second quarter of 2025, with significant growth in net income and earnings per share, despite challenges from divestitures. The company is poised to return to a growth trajectory through strategic acquisitions [3][10]. Financial Highlights - GAAP net income increased by $5.5 million, or 85.7%, compared to the same quarter last year, reaching $11.7 million [4][6]. - GAAP diluted EPS was $0.74, reflecting an 85.0% increase from $0.40 in the prior year quarter [4][6]. - Total revenue for the second quarter was $102.1 million, slightly down from $102.3 million in the previous year, but flat due to organic growth strategies [4][10]. - Operating income rose to $24.0 million, up from $18.4 million in the prior year, with an operating income margin of 23.5% [4][6]. - Cash provided by operating activities was $8.1 million, compared to $2.2 million in the prior year [4][6]. Operational Metrics - Total funeral consolidated revenue increased by $1.7 million, or 2.6%, driven by a 1.4% increase in average revenue per funeral contract [6][10]. - The company sold 4,016 preneed interment rights in the quarter, with an average price of $5,871 per right [4][7]. - The leverage ratio improved to 4.2x from 4.6x year-over-year, as the company paid down $7.1 million of debt during the quarter [6][10]. Revised Outlook - The company updated its full-year guidance to reflect current performance trends and the anticipated impact of acquisitions and divestitures [3][10]. - Total revenue for the full year is projected to be between $410 million and $420 million, with adjusted consolidated EBITDA expected to be between $129 million and $134 million [11][10].

Group 1 - Carriage Services, Inc. plans to release its second quarter 2025 results on August 6, 2025, after market close [1] - A conference call to discuss the earnings will be held on August 7, 2025, at 8:00 a.m. Central Time [2] - The company operates 159 funeral homes across 25 states and 28 cemeteries in 10 states as of June 30, 2025 [3] Group 2 - The conference call will be accessible via phone or live webcast [2] - An audio archive of the call will be available on the company's website after the event [3] - Carriage Services is recognized as a leading provider of funeral and cemetery services and merchandise in the United States [3]